Log in

November ’22 Construction Spending Steadies

Tue, January 03, 2023 2:40 PM | Anonymous member (Administrator)

Construction spending during November 2022 was estimated at a seasonally adjusted annual rate of $1,807.5 billion, 0.2 percent above the upward revised October estimate of $1,803.2 billion. The November figure is 8.5 percent above the November 2021 estimate of $1,665.2 billion. Over the last month public sector spending continued to rise (especially with the new fiscal budget in only its second month), while the residential sector has seen a steady decline. During the first eleven months of this year, construction spending amounted to $1,657.6 billion, 10.5 percent above the $1,499.8 billion for the same period in 2021.  Read more HERE

Construction Put in Place Historical Charts HERE

Construction Industry Round Table (CIRT)  ·  8115 Old Dominion Dr., Suite 210  McLean, VA  22102-2325  · (202) 466.6777  ·  cirt@cirt.org  · Legal Notices
Copyright 2023 · All Rights Reserved.

Powered by Wild Apricot Membership Software